Monitor for follow-on awards and progress on the first FF(X) frigate. This contract supports HII's long-term revenue visibility and reinforces its lead yard role. Near-term price impact may be modest given the contract's size relative to market cap (~2%), but the strategic positioning is positive.
Price Chart
Executive Summary
HII's Ingalls Shipbuilding division was awarded a $283 million contract from the U.S. Navy for lead yard support activities on the new FF(X) class frigate, including long lead material procurement, design work, and pre-construction. This contract reinforces HII's position as a key Navy shipbuilder and paves the way for larger construction contracts.
Key Financial Metrics
Key Facts
- $283 million contract for FF(X) frigate lead yard support
- Awarded to HII's Ingalls Shipbuilding division by the U.S. Navy
- Includes long lead time material, design, and pre-construction activities
- FF(X) based on Legend-class National Security Cutter design; Ingalls delivered 10 NSCs to Coast Guard
- HII has invested >$1 billion in infrastructure modernization
Financial Impact
$283 million contract value; potential follow-on production contracts could be significantly larger
Risk Factors
- Budget uncertainty or changes in Navy procurement priorities
- Execution risk in transitioning from design to production
- Potential for cost overruns or schedule delays
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3283308 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 21d ago | Press Release | $279.69 $272.86 | ▼ −2.44% | ▼ −2.22% | $268.61 (−3.96%) |
Aug 11, 2026 7w ago | Press Release | $327.85 $317.61 | ▼ −3.12% | ▼ −2.72% | $268.61 (−18.07%) |
Aug 11, 2026 7w ago | Insider Cluster | $327.85 $317.61 | ▼ −3.12% | ▼ −2.72% | $268.61 (−18.07%) |
Aug 10, 2026 7w ago | 144 | $330.81 $318.34 | ▼ −3.77% | ▼ −3.72% | $268.61 (−18.80%) |
Aug 5, 2026 8w ago | Press Release | $317.70 $326.80 | ▲ +2.86% | ▲ +2.51% | $268.61 (−15.45%) |
Aug 3, 2026 8w ago | Press Release | $325.95 $330.67 | ▲ +1.45% | ▼ −0.58% | $268.61 (−17.59%) |
Jul 30, 2026 9w ago | 8-K | $319.90 $321.76 | ▲ +0.58% | ▼ −3.04% | $268.61 (−16.03%) |
Jul 29, 2026 9w ago | Press Release | $319.90 $321.76 | ▲ +0.58% | ▼ −3.04% | $268.61 (−16.03%) |
Jul 10, 2026 12w ago | Press Release | $286.09 $271.05 | ▼ −5.26% | ▼ −4.70% | $268.61 (−6.11%) |
Jul 9, 2026 12w ago | GOVT-CONTRACT | $286.21 $271.05 | ▼ −5.30% | ▼ −5.17% | $268.61 (−6.15%) |
US Market Status
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